The USDA Intermediary Relending Program is underwritten by the Upper Coastal Plain Development Corporation.
The interest rates are fixed with terms of up to 7 years.
This program serves rural areas with a population of less than 50,000. The business size can be any number of employees.
There is a Loan Fee of 2% of loan amount (or a minimum of $1,000).
Funds are eligible for businesses in the North Carolina counties of Edgecombe, Halifax, Nash, Northampton and Wilson.
Upper Coastal Plain Council of Governments
Address: PO Box 9
State: North Carolina